Peter Schiff Quotes

19 quotes in 249 categories

• The president says we need to raise the debt ceiling because America pays its bills. No if we paid our bills we wouldn't have all…
• I don't want the technology of the 1950s, but I want the free market of the 1950s.
• People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing…
• The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press.…
• Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
• You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.
• The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real…
• Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it…
• Fifty-dollar oil is just another stop on the road to much higher crude prices.
• The strength in gold is revealing the general weakness in the dollar.
• All those commodities are going to have to rise in value as we are in short supply and we are printing too much money.
• What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.
• At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.
• Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions…
• Keynesians are to economics what witch doctors are to medicine.
• You're worth what you're worth
• We share management's vision that the recent regulatory changes, the large presence of Sprint Nextel in the 2.5 GHz band, and the near-term implementation of…
• Wall Street is in trouble because Main Street is broke.
• Greed is normally balanced by fear.

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